Based on its average 5-year and quarterly capital gains NOTTING HILL, 3168 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that NOTTING HILL, 3168 obtained a 8.58% growth over a ten-year period. It ranks 317th on our list of suburbs that property investors should look into.
NOTTING HILL, 3168 in VIC belongs to the local government area of Monash.
NOTTING HILL, 3168 has a capital gain of 12.73% for the past year, which is lower than average compared to its 84.35% growth within a five-year period.
With the median home price in NOTTING HILL sitting at $1,001,000, and the average rent at $420, property owners could potentially earn a 2.18% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in NOTTING HILL are low, as opposed to average gains per annum over the past five years.
NOTTING HILL, 3168 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $315,000.
Profits due to an downward trend in home prices in NOTTING HILL, 3168 averaged -7.08% per annum over a 3-year period.
Home owners selling their properties and realtors in NOTTING HILL usually have to wait an average of 93.1 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $367.5 mark, reflecting a 6.07% increase in returns based on the current median price in NOTTING HILL.
NOTTING HILL, 3168 places 312th in Australia based on median property value growth during the quarter.